I have been writing about Argentinean stocks since April 2018, almost 4 months since the market peaked around January 2018. Back then, a balance of payments crisis was beginning to unfold - and therefore, as the environment was getting ugly, so committing to or even writing about potential equity investments in Argentina was getting a lot more challenging, even though prices were starting to look attractive again.
Now, this Monday (August 12) was the largest single-day loss for the local market in Buenos Aires anybody remembers, and was probably the largest in history. So,